Malibu#27
Premium Platinum
I'm not an accountant, so was wondering how the addition of such an asset impacts our 2006 profit/loss.
Does the new assett ($1.3 Million, for which we contributed $500,000) add to our profit/loss for the year .... ie is it artificially increased by $800,000 because of the AFL grant and "in kind" contribution from Bianco. Because idf it is an artificial increase then our year off the field isn't really very good.
Does the new assett ($1.3 Million, for which we contributed $500,000) add to our profit/loss for the year .... ie is it artificially increased by $800,000 because of the AFL grant and "in kind" contribution from Bianco. Because idf it is an artificial increase then our year off the field isn't really very good.